A Public Good Is

question 9

Multiple Choice

A public good is

• A) a good that is rivalrous and excludable.
• B) a good that is nonrivalrous and nonexcludable.
• C) a good that is nonrivalrous and excludable.
• D) a good that is rivalrous and nonexcludable.

---

Definitions:

Prices

Monetary values assigned to goods and services, which are determined by supply and demand dynamics in the market.

Misery Index

An economic indicator created by summing the unemployment rate and the inflation rate, intended to measure the health of an economy.

Current

Relevant to the present time or most recent; also, a flow of electricity or the flow of water in a river or sea.

Misery Index

An economic indicator created by adding the unemployment rate to the inflation rate, intended to measure economic discomfort.